Morning Minute: Commitment to homeownership is strong, even among those facing housing difficulties

The lure of homeownership and the financial and lifestyle benefits it has to offer are strong. Fannie Mae recently surveyed delinquent borrowers and found that even with their housing struggles, they were committed to the idea of homeownership.

The findings counter claims by some that the U.S. could become a nation of renters, said Steve Deggendorf, a director with Fannie Mae.

In a more in-depth article, “A nation of renters? Not so, delinquent borrowers say,” HousingWire covers the survey and the trend of delinquent borrowers becoming more positive about the market.

In other headlines:

Underpricing homes triggers bidding wars – Chicago Tribune

HUD: Reverse Mortgage Endorsements Trend Down in August – Reverse Mortgage Daily

A Growing Trend: From Office to Condo – Realtor.org

Homebuilders drive into peak season – HousingWire

 

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